IF it breaks down, the lower side is less = no shorting. Long on the yellow trendline or long after BO from consolidation :)
Kotak bank it is :) if such good banks are giving u such great patterns, never judge them or speculate anything, trade with proper risk and take the trade for once :) Happy trading :)
symmetrical triangle breakout .... buy on a retracement at the closing lvls .... a good move can take place tomorrow :) or in near days .... Hold the winner if gives good moves ...
Tata Motors is trading in a very narrow range and we expect a breakout soon on 15 mins chart. A short position below 302 for a small target of 298 from where it is expected to rebound. If we see a bullish breakout then we can buy for a target of 315 followed by 323. Ultimately the momentum is still bullish and just we need to wait for a right entry level. All...
Nifty shows a potential upside for tomorrow session. A perfect W bottom with clear diversion on TDI. The diversion is strong as the first leg of the diversion is outside the Bollinger band followed by the second inside leg. If it breaks the trend line we can expect the 61.8% levels tomorrow.
D Link looks positive as it is have a strong support near 98 level. One can add this stock for a short term purpose. Entry- 98- 99 Target- 107-114 Stoploss- 95.8 Closing Basis
Indusind Bank look really positive from this level. A strong support at the bottom is being seen and would be recommended to buy at the levels of 870. The TDI diversion looks strong and can be held for a swing purpose also. Buy above 870 Intraday Target 885 Intraday Target 2- 925 Positional Target- 1000 Stoploss- Below 810 Closing basis
Tata Motors is trading in a very narrow range and we expect the stock to breakout from the range. A strong upside momentum is expected above 300. The position for tata motors will be bullish above 300 for an immediate target of 308 followed by 314. A level of 292 looks like a strong support and stoploss should be kept below this level.
$LGBROSLTD has bounced from it's lower trend channel. Go long and target at a major resistance level at 343.
BAJAJHLDNG can give good upside trending moves in coming days. BUY in the range of 3280-3300 Target 1 - 3819.30 Target 2 - 4051.10 Target 3 - 5187.40 Stoploss - 2914.80
so many traders are confused about reliance tradesetup so here is the price action based analysis on 2 hour time frame 1.RELIANCE is respecting bulllish channel . 2.can brake now for taking support 3. or move upward as shown in chart through arrow ,then retrace then will brake resistance and will show upward movement
Consult your finance adviser before Investing Buy at 109.816 Stop Loss at 109.765 Target of 110.030